🔹Ethereum Foundation Unveils $970M Treasury

The Ethereum Foundation holds $970.2 million in assets, with the majority of that in ether. It has implemented a conflict of interest policy to prevent outside work paid for in illiquid assets. In 2023, its largest spending was on new institutions and Layer 1 research. The Ethereum network has seen growth, with an increase in the number of active addresses and on-chain volume, while the price of ether has risen 19% in the last five days.

Source: theblock